WHEN: Thursday, November 15th at 7PM ET
WHERE: "Kudlow & Company"
The following is the unofficial transcript of a CNBC interview with Republican Presidential Candidate, Fred Thompson, on CNBC's "Kudlow & Company" today. All references must be sourced to CNBC.
In an interview with CNBC's Larry Kudlow, Republican Presidential Candidate Fred Thompson discusses Republican House Majority Leader Dick Armey's comments, taxes, the economy, whether he would veto the Farm Bill, the stability of the dollar and Ben Bernanke, among other topics.
LARRY KUDLOW, host:Senator Fred Thompson, welcome back to KUDLOW & COMPANY, sir.
Former Senator FRED THOMPSON: Thank you, Larry. Appreciate it.
KUDLOW: All right. We thank you very much.You know, last night on our program, we had former Republican House Majority
Leader Dick Armey, distinguished conservative, one of the best in the country. So he says Hillary Clinton is going to be the next president. He just wrote an article about this. He says Republicans are off message, they've departed from first principles on limited government and taxes and other things. And I want to ask you what you think about what Mr. Armey's saying.
Mr. THOMPSON: Well, I think we ought to pay attention to it. I think we ought to have more focus on what we're able, what made us a great nation, what made us a great and successful party, and not concentrate, obsess too much over who the Democratic nominee might be. So if we don't tend to business, we're going to be in big trouble. The pendulum's swinging against us. It's been, what, one time in 50 years where a party's won the presidency three straight times. We've got--we're down in the polls, independents are leaning the other way that used to lean with us. So we got to do some things better than we have and we've got to adhere to the principles that made us a great party and a great nation.
KUDLOW: Well, speaking of first principles, I mean, I've always believed Republicans were put on this earth to cut taxes. I don't know if they do a lot of things very well, but that seems to be their higher power and mission.
Mr. THOMPSON: Yeah, yeah.